Purpose

The purpose of the Saint William's Finance Council is to provide the Pastor with information and suggestions which enable him to make proper decisions for the administration of the parish's temporalities, goods, and finances. This is to be accomplished through prayer, study of the Parish Mission, and consultation.

Responsibilities

To monitor and recommend to the Pastor the annual budget for parish operations and capital expenditures.

To review regularly the income/expenditures to determine whether or not the parish is operating within its budget.

To provide the parishioners with at least an annual report on the financial position of the parish.

To make recommendations for increasing revenues through the practice of principles of Christian stewardship.

To coordinate all fundraising projects within the parish in accordance with said principles of stewardship of time, talent, and treasure.

To assist in promoting the Annual Ministries Appeal.

To review all banking arrangements, semi-annual inspection of parish buildings/grounds, and review the inventory of the parish's personal and real property.

To be prepared for consultation/participation in the "acts of extraordinary administration" in the sale and/or purchase of parish property.